The pound-to-US dollar forecast is an indication of where technical and fundamental analysts think the GBPUSD price may be in the future. You can use these exchange rate forecasts to help you decide if now is the right time to buy Dollars, or if you should wait until the price improves.
| GBPUSD Price | 1 Day Change | 1 Week Change | 1 Month Change | 1 Year Change |
| 1.344815 | 0.15% | 0.15% | -0.61% | -0.76% |
| Name | Logo | Currencies | Min – Max | GMG Rating | User Reviews | CTA | Tag | Feature | Expand |
|---|---|---|---|---|---|---|---|---|---|
 | Currencies 40 | Min – Max £1 – £1m | GMG Rating | User Reviews | #Featured | Account Types:
| Wise won “Best Money Transfer App” in the 2025 and 2024 Good Money Guide Awards because of its low costs, simple-to-use app, and range of currencies. Wise Won Best Money Transfer App in the 2025 Good Money Guide AwardsProvider: Wise Verdict: Wise is one of the best (and cheapest) money transfer apps for sending currency abroad since it pioneered peer-to-peer (P2P) low cost international payments. Wise helps people send money abroad for much less than it would cost to do it through a high street bank. It was launched as TransferWise in 2011 as a P2P currency network, but has since grown to provide money transfers to over 15 million customers sending more than £9 billion a month. Is Wise a Good Money Transfer App?
But in a nutshell… Should you use Wise? Yes. Is it cheap? Yes. Is it easy to use? Yes. Is it safe? Yes. Since Wise was founded back in 2011, I’ve followed its progress. There are many firms that shout loudly about wanting to disrupt an industry. But most of the time, it’s marketing hyperbole. However, in Wise’s case, it has disrupted how we send money around the world – by making it cheap and making it easy. The only reason not to use Wise is if you already bank with Starling, as the fees are pretty similar and you probably don’t want another app on your phone if you don’t need it. Truly DisruptiveA few years ago, before Wise was founded, I wanted to send €30 to a friend in Munich. It was an absolute nightmare. I was banking with NatWest, which wanted £20 as a minimum fee for sending the money to a European bank account. Next I tried PayPal – still expensive. So I withdrew €30 in cash from a Euro cash machine in London, put it in an envelope and sent it through the post. The only other option was the inconvenience of visiting a Western Union shop. Thankfully along came TransferWise. It was a boom time for money transfer apps but this one had the best story: it was circumventing “evil” banks by transferring money abroad using P2P networks. If you needed to transfer €30 to Germany, it matched you with someone in Germany who wanted to transfer €30 to England. No need to do any FX, and therefore less in fees to pay. It also had fantastic marketing – for example stripping off to the pants in front of the Bank of England to protest “rip-off” banking charges. It was a stroke of genius, really, as British people love seeing naked people, and hate banks. Of course liquidity gaps need to be filled when there isn’t someone on the other side of your transaction and TransferWise used firms like Currency Cloud (now owned by Visa) to ensure that customers always got the best price. Richard Branson was also an investor. So there you go. Over the years, Wise as grown by being easy to use and charging low fees. How Does Wise Work?Wise offers international money transfers and a multi-currency account with a pre-paid card. You can send 40+ currencies to 160+ countries, and hold 40+ currencies in a Wise account. You can pay into your Wise account by debit card, credit card or bank transfer. If you have funds in a multi-currency account, you can use those to fund a transfer when sending money abroad. And you can choose to lock in a rate for up to 48 hours. Wise says international transfers typically arrive in seconds. Wise matches up buyers and sellers of currency in different countries, rather than physically transferring money internationally. Wise Customer ServiceWe’ve marked Wise down a bit as it doesn’t provide a telephone number. This is fine for small transactions but if you’re sending a large amount of money abroad, you may be better off using a currency broker. Wise does offer a call back service for amounts over £80,000, though. With a broker, you can phone up an account executive or dedicated dealer, who can provide updates on your transfer or help out immediately with any issues. But all in all, Wise customer support, is fairly efficient. Is Wise Safe?Wise is about as safe as you can get for sending small amounts of money abroad. Wise is not a bank – it doesn’t have a banking licence in the UK but is authorised by the Financial Conduct Authority as an “e-money business”, which means funds are ring-fenced but not protected by the Financial Services Compensation Scheme (FSCS). Wise is listed on the LSE (LON:WISE) with at market cap of around £9.6 billion, as at January 2026. That is well up from where it was at its IPO, but even though lots of tech firms listed in 2021, it was a pretty bad time to come to market, and most have performed poorly since then because of overall market conditions and over ambitions venture capitalists wanting a return on their investments. So the stock markets also think Wise is pretty good. Since TransferWise launched, the group has grown to provide money transfers to over 15 million customers sending more than £12 billion a month. It’s a shame it is planning on ditching the London stock markets for the glamour of high valuations in the US. Using a listed app is helpful as you can see how it’s faring financially. If the Wise share price starts to go down, this could indicate potential financial problems and be a sign to switch to a different app. Apps & PlatformWise makes it incredibly easy to transfer money abroad – the app is really simple to use. If you have a large amount of money to send, you’re better off with a currency broker because they can help with market timing and lock in exchange rates with forward contracts and currency options. Plus if you ask nicely and are transferring enough money, a broker might undercut Wise’s exchange rates and fees. Remember, that in FX, everything is negotiable. Wise is also venturing into other products, like multi-currency bank accounts and investing. PricingWise is among the cheapest money transfer apps and it displays the fees clearly on the website and app, but it’s not the absolute cheapest. We found Atlantic Money offering GBP-USD transfers at the interbank rate plus £3. But I suspect that isn’t sustainable and it’s only one corridor, while Wise offers 21 currencies. If you want to know more about Atlantic Money, you can read my interview with the founders, Neeraj Baid and Patrick Kavanagh (who helped build Robinhood), and make up your own mind about the service. Research & AnalysisWise doesn’t really have any currency forecasts, which is fine because exchange rates are hard to predict. But it would be nice to have at least some commentary on the markets. We’ve given Wise a mid-ranking for research and analysis as it does provide lots of excellent guides online and has a good insight tab on the app which can help you see where your account money is being spent. If you want currency forecasts, you can read our regularly updated analysis of whether now’s a good time to buy USD or EUR. Is Wise a Bank?No. The company does not hold a UK banking licence and your balance is not protected by the FSCS. However, like a bank, Wise will pay you interest on your cash balances at arate of 3.32% on GBP, 1.72% on EUR and 3.51% on USD, Wise is primarily a low-cost international money transfer app that allows you to save money when sending money abroad. However, Wise provides some of the features that banks also provide, such as holding and exchanging multiple currencies, and sending and receiving payments. And you can have a multi-currency account with a pre-paid debit card. The firm is authorised as an “e-money” provider, which means your money has some protection but not as much as it would have with a bank. Money in bank accounts is protected by the FSCS guarantee, which covers balances up to £120,000 per eligible person, per bank. Wise lets customers send payments to more than 160 countries and spend internationally with the Wise card. Local bank details are provided for up to 9 currencies including US dollars, pounds sterling and euros. If you are looking for a bank account in the UK, you can see a list of current bank account switching offers here. Pros
Cons
Overall4.2 |
GBPUSD Forecast Highlights
- GBPUSD bounced from 1.320 lows but lost momentum at 1.360
- Rising inflation pressure may push central banks to raise rates in 2H of 2026
- Market uncertainty means GBPUSD’s tight sideways move (1.330-1.360) to persist
How has the Pound performed against the Dollar recently?
While many important geopolitical events have recently emerged, GBPUSD is staying strictly within its technical boundaries.
The rate did attempt an upside breakout at 1.380 earlier this year, but that was not successful. Price only managed to stay above this level for a few days before regressing all the way back to 1.320 (see below).
What caused this slide? Initially, it was some profit-taking. Then, the Iran conflict in early March pushed traders out of GBPs. Investors weren’t sure how UK will be impacted by the escalating energy prices and so they abandoned the long GBP trade to reduce risk.
Surprisingly, even with this messy event GBPUSD did not revisit the October lows. This shows that the market is not convinced about dumping Sterling. Moreover, a sudden increase in risk sentiment a month after the Iran conflict started pushed GBP back to 1.360. But that’s the furthest GBP could rally.
According to its daily chart, Cable is now on a firm sideways range, with no discernible technical momentum to rise or fall.
The range at 1.300-1.380 – in which prices are currently sitting right in the middle – will continue to weigh on the rate for the time being.
Is it a good time to buy US Dollars with pounds?
Sterling has regained some of its strength against the USD in the last two months. The rate bounced off the 1.320 low to 1.345.
Is this a good rate to sell GBP for USD? Well, if you do need some US dollars in the near term, especially the Summer World Cup is about to start, buy some now.
Higher market volatility these days makes everything uncertain. The rate may bounce higher or dip lower over the medium term. So watch to buy more USDs if the rate rebounds to 1.360.
Will the pound strengthen further against the USD in the second half of 2026?
Much has changed since the last editorial update back in January.
The key catalyst for this changed outlook is the closure of the Strait of Hormuz. The US-Israel sudden bombardment of the Persian country on 28 February pushed the latter to retaliate by shutting the important waterway. At the time of writing, the Strait remains largely inaccessible to tankers.
This closure carries deep implications for the world economy, as the closure removes plenty of energy supply from the global market. Petrol prices promptly spiked. Shortages of key fuel such as diesel and jet fuel are expected over the medium term. For UK household, electric bills are rising.
In addition, many commodities that depend on the output from the Gulf have skyrocketed, such as Aluminium.
Due to the rise in energy prices, inflation measures (retail and wholesale) across the world are increasing. This is prompting central banks to start hiking rates. The Norges Bank, for example, did just that recently.
Remember, this sea-change in the monetary calculus only on happened in the last three months. At the start of the year, investors are generally expecting a) crude oil surplus, b) steady interest rates and c) stable economic growth.
Now, all these forecasts were thrown out of the window. Instead, the world is currently facing crude oil deficits, higher interest rates and volatile growth.
Back to question, will GBP strengthen in this new macro paradigm? Hard to say. The reason is because both the Fed and BoE are eyeing rate hikes due to the burgeoning inflationary pressure. How fast and how far? Few know for sure.
And this path is not set in stone because of Trump’s unpredictability. A real ‘peace agreement’ may cause oil prices to slump and with it, lower inflation projections. Further, the new Fed chair may prefer to sit it out for some time before taking action.
In effect, the market is sitting on a waiting game. The base case for GBPUSD, if the Strait re-opens, is a modest rally due to higher risk sentiment.
What is the GBPUSD forecast in weeks, months, and years?
The market is generally neutral on GBPUSD. Many brokers expect the rate to dip in the coming weeks but anticipate a rebound towards autumn (see below).
Based on this ‘hockey stick’ predictions, are they expecting the Iran conflict to be resolved by the summer? Possible. But again, the republican White House has confounded the market time and again with its unpredictability.
The technical case here is a multi-week sideway move in between 1.330-1.360.
Source: fxstreet.com (June 2026)
Where is the best place for buying large amounts of US Dollars from Pounds
There are two different ways people buy US Dollars from Pounds
- Through a currency broker like Currencies Direct or TorFX – when transferring money abroad
- Through a forex broker like City Index or FOREX.com – when speculating on the price of currency
You can use this comparison table of currency brokers to see how many currencies they offer, what the minimum USD transfer is and if they offer forwards and currency options as well as when they were established. You can either visit each currency broker individually or use our currency quote comparison tool to request multiple exchange rates.
Or, if you are more interested in trading GBPUSD you can compare forex brokers here.
What is the live GBPUSD exchange rate?
The current GBPUSD exchange rate is $0.743595 which is a change of -0.16% from the previous day’s closing price. Over a week GBPUSD is -0.16%, compared to its change over a month of 0.62% and one year of 0.77%.
GBPUSD exchange rate data is updated every 15 minutes.
Other Forecasts:
Jackson is a core part of the editorial team at GoodMoneyGuide.com.
With over 15 years of industry experience as a financial analyst, he brings a wealth of knowledge and expertise to our content and readers.
Previously, Jackson was the director of Stockcube Research as Head of Investors Intelligence. This pivotal role involved providing market timing advice and research to some of the world’s largest institutions and hedge funds.
Jackson brings a huge amount of expertise in areas as diverse as global macroeconomic investment strategy, statistical backtesting, asset allocation, and cross-asset research.
Jackson has a PhD in Finance from Durham University and has authored over 200 guides for GoodMoneyGuide.com.